For many asset managers, a data management strategy remains a top priority because it helps mitigate risk, increases operational efficiency and creates a solid foundation for managers to make sound business and operational decisions. By implementing a centralized data management strategy, managers leverage clean and accurate investment data to understand their level of risk and exposure to funds across all portfolios and react quickly to internal and client reporting requirements.
NAM selected Eagleâs data management solution to centralize and validate its investment data to make certain that consistent information is shared across its investment management systems.
The first phase of the project involved automating, cleansing, and centralizing NAMâs data for global equity investments so that accurate data in a common format could be leveraged by its other internal systems that perform compliance and trade management functions. In the future, NAM plans to roll out the same platform to a number of its global offices to capitalize on the same operational and business benefits throughout its organization.
Leveraging a data-centric design, Eagleâs data management solution helps asset managers create and maintain an enterprise data standard to ensure investment data quality and consistency. As a result, managers save time and money by eliminating duplicate sources of data, reducing bad trades and lessening the risk of making bad business decisions. The solution provides transparency into portfolios to view all assets and sub-assets, and enables managers to analyze complex strategies and investment vehicles. For all securities, Eagle provides the ability to report real-time data and provide a full history over time.
âData is a crucial element of our operations, and Eagleâs platform helps us efficiently manage our data and provides our analysts with a clear and comprehensive view of our business,â said Koichi Goto, senior corporate managing director. âWe selected Eagle after an exhaustive evaluation that began in July 2007 and we believe its data management solution is the best in the market. By leveraging Eagleâs extensive experience in integrating multiple data sources and other back-office systems, we were able to deliver our initial phase on schedule.â
âWe continue to see broader adoption of our platform to support a firmâs global footprint,â said John Lehner, president of Eagle. âNomuraâs vision to deliver a unified platform across its operations is a cause Eagle has been championing with its existing client base for more than a decade. We look forward to growing our relationship with Nomura Asset Management as it continues to roll out the Eagle platform to its global offices.â